Fed's Favorite Inflation Gauge: What to Expect From August PCE
The Federal Reserve's preferred inflation gauge is expected to show that price pressures continued to ease gradually in August. The personal-consumption expenditures price index, or PCE, tracks a broader range of outlays than the better-known consumer-price index.
Inflation eased again in August and moved close to the Fed's 2% annual target, the PCE index revealed. The benign inflation ...
Data through the week points to a still-resilient economy overall, leaving traders uncertain about the Fed’s next move.
The US Dollar Index ( DXY) slid to a fresh yearly low in the aftermath of the US PCE inflation report. A softer-than-expected ...
A fresh reading on inflation Friday keeps the Federal Reserve on track to continue cutting interest rates this fall — likely ...
The August Personal Consumption Expenditures Price Index posted a softer-than-expected increase, up 2.2% from year-ago levels. Economists had forecast that the PCE index would rise 2.7%.
Price Index for August showed that core inflation continues to be above the Federal Reserve's 2% long-term target at 2.7%.
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